Latest Cognizant News: Finextra Research

Finextra50 rises to 102.46

Despite the closure of the US markets for the Independence Day holiday, the Finextra50 Financial Technology Index rose a healthy 1.63% last week to close at 102.46.

09 July 2007

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Last week saw steady gains among the majority of Finextra50 stocks as the index rose 1.87% to 101.67. The recovery of European markets after the previous week's drop contributed to the rise. Simcorp, Temenos and Cognizant saw the biggest gains while shares in Microgen and Fidessa fell. Comparison of the Finextra50 index performance since the start of May against key global indices shows the financial technology sector outperforming the S&P1200 Global Financial Sector index and matching the FTSE 100 and FTSE Euro 100.

18 June 2007

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Finextra50 climbs 2.74% to 102.36

Strong performance in the US markets last week, which saw the Dow Jones Industrial Average and S&P 500 hit record highs driven by optimism about the state of the US economy, helped the Finextra50 to climb above 100 for the first time. Vasco Data Security, Fiserv and Fidelity NIS saw the biggest increases.

04 June 2007

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Finextra50 dips slightly to 99.56

The Finextra50 Financial Technology Index closed last week slightly down, with falls in Reuters and Cognizant a major contributor, while many of the index's smaller cap stocks saw steady gains, particularly in Europe.

29 May 2007

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Finextra50 ends first week slightly down

The Finextra50 Financial Technology Index closed down .84% at 99.17 on Friday, as fintech stocks in general dipped slightly following the previous week's exuberance.

14 May 2007

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Finextra launches Finextra50 fintech index

The Finextra50 Financial Technology Index is a free-float value weighted index of the world's leading companies that provide technology-based products and services to the financial services industry. It was set at an indexed value of 100 at market close on Friday 4th May 2007. Our weekly update on the index's movements will provide a framework for analysing trends in the financial technology market, particularly vendor consolidation - a trend that shows no sign of slowing down.

11 May 2007

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Philadelphia Stock Exchange contracts with Cognizant

Philadelphia Stock Exchange is to use Cognizant's software architecture to create a straight-through processing environment for real-time data flow between front and back office systems.

22 February 2002

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Brief: Cognizant and Pegasystems form CRM partnership

New Jersey-based Cognizant Technology Solutions has joined the Pegasystems Alliance Program to provide training and certification services to organisations implementing the PegaCRM solution.

15 May 2001

Latest news

Finextra50 rises to 102.46

Finextra50 rises to 101.67

Finextra50 climbs 2.74% to 102.36

Finextra50 dips slightly to 99.56

Finextra50 ends first week slightly down

Finextra launches Finextra50 fintech index

Philadelphia Stock Exchange contracts with Cognizant

Brief: Cognizant and Pegasystems form CRM partnership